Floyd Public Company Limited
Floyd Public Company Limited engages in the installation of utility and fire suppression systems in Thailand. The company offers services in the areas of mains distribution, UPS, generators, general lighting and power, architectural lighting, HVAC, BMS, plumbing, gas systems, fire alarms, data and telecoms, MATV and CCTV, access control, and security systems. It also provides electrical system wo… Read more
Floyd Public Company Limited (FLOYD) - Net Assets
Latest net assets as of September 2025: ฿548.00 Million THB
Based on the latest financial reports, Floyd Public Company Limited (FLOYD) has net assets worth ฿548.00 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿724.16 Million) and total liabilities (฿176.16 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿548.00 Million |
| % of Total Assets | 75.67% |
| Annual Growth Rate | 24.31% |
| 5-Year Change | 23.51% |
| 10-Year Change | 218.17% |
| Growth Volatility | 40.51 |
Floyd Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Floyd Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Floyd Public Company Limited (2013–2024)
The table below shows the annual net assets of Floyd Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿502.55 Million | +9.63% |
| 2023-12-31 | ฿458.39 Million | +4.25% |
| 2022-12-31 | ฿439.70 Million | +6.66% |
| 2021-12-31 | ฿412.26 Million | +1.32% |
| 2020-12-31 | ฿406.90 Million | -5.25% |
| 2019-12-31 | ฿429.43 Million | -0.58% |
| 2018-12-31 | ฿431.94 Million | +5.47% |
| 2017-12-31 | ฿409.55 Million | +49.45% |
| 2016-12-31 | ฿274.04 Million | +73.50% |
| 2015-12-31 | ฿157.95 Million | +49.08% |
| 2014-12-31 | ฿105.95 Million | +130.99% |
| 2013-12-31 | ฿45.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Floyd Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 178.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿61.60 Million | 12.26% |
| Other Components | ฿440.96 Million | 87.74% |
| Total Equity | ฿502.55 Million | 100.00% |
Floyd Public Company Limited Competitors by Market Cap
The table below lists competitors of Floyd Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shyam Century Ferrous Limited
NSE:SHYAMCENT
|
$3.36 Million |
|
Hydrogen Utopia International PLC
PINK:HUIPF
|
$3.36 Million |
|
Super League Enterprise Inc.
NASDAQ:SLE
|
$3.36 Million |
|
UMBRELLA SOLAR INV.EO-02
F:U6Q
|
$3.36 Million |
|
Groupe OKwind
PA:ALOKW
|
$3.35 Million |
|
SPARK VC S.A. ZY 10
F:8N2
|
$3.35 Million |
|
OSK Ventures International Bhd
KLSE:0053
|
$3.35 Million |
|
ID Logistics
STU:1ID
|
$3.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Floyd Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 458,391,706 to 502,554,795, a change of 44,163,089 (9.6%).
- Net income of 46,632,368 contributed positively to equity growth.
- Dividend payments of 2,469,573 reduced retained earnings.
- New share issuances of 300 increased equity.
- Other comprehensive income decreased equity by 22,416,656.
- Other factors increased equity by 22,416,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿46.63 Million | +9.28% |
| Dividends Paid | ฿2.47 Million | -0.49% |
| Share Issuances | ฿300.00 | +0.0% |
| Other Comprehensive Income | ฿-22.42 Million | -4.46% |
| Other Changes | ฿22.42 Million | +4.46% |
| Total Change | ฿- | 9.63% |
Book Value vs Market Value Analysis
This analysis compares Floyd Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.51x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿2.20 | ฿1.11 | x |
| 2014-12-31 | ฿0.26 | ฿1.11 | x |
| 2015-12-31 | ฿0.39 | ฿1.11 | x |
| 2016-12-31 | ฿0.69 | ฿1.11 | x |
| 2017-12-31 | ฿1.28 | ฿1.11 | x |
| 2018-12-31 | ฿1.08 | ฿1.11 | x |
| 2019-12-31 | ฿1.07 | ฿1.11 | x |
| 2020-12-31 | ฿1.02 | ฿1.11 | x |
| 2021-12-31 | ฿1.03 | ฿1.11 | x |
| 2022-12-31 | ฿1.10 | ฿1.11 | x |
| 2023-12-31 | ฿1.03 | ฿1.11 | x |
| 2024-12-31 | ฿1.13 | ฿1.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Floyd Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.43%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.36x
- Recent ROE (9.28%) is below the historical average (17.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 41.92% | 1.98% | 2.69x | 7.84x | ฿8.65 Million |
| 2014 | 33.42% | 8.21% | 2.24x | 1.82x | ฿24.82 Million |
| 2015 | 41.92% | 14.39% | 1.91x | 1.53x | ฿50.41 Million |
| 2016 | 42.29% | 21.35% | 1.35x | 1.47x | ฿88.49 Million |
| 2017 | 4.60% | 6.07% | 0.63x | 1.20x | ฿-22.10 Million |
| 2018 | 10.19% | 10.88% | 0.71x | 1.32x | ฿802.25K |
| 2019 | 7.65% | 8.92% | 0.73x | 1.18x | ฿-10.08 Million |
| 2020 | 2.42% | 4.01% | 0.52x | 1.15x | ฿-30.82 Million |
| 2021 | 1.30% | 1.42% | 0.76x | 1.20x | ฿-35.86 Million |
| 2022 | 5.48% | 7.76% | 0.57x | 1.24x | ฿-19.89 Million |
| 2023 | 4.56% | 5.25% | 0.72x | 1.20x | ฿-24.93 Million |
| 2024 | 9.28% | 7.43% | 0.92x | 1.36x | ฿-3.62 Million |
Industry Comparison
This section compares Floyd Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,635,753,561
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Floyd Public Company Limited (FLOYD) | ฿548.00 Million | 41.92% | 0.32x | $3.35 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |